The decentralized derivatives exchange introduced support for real-world event prediction markets through its HIP-4 upgrade. Under the new system, validators are responsible for both listing and settling markets tied to offchain events. The development team said these markets will be published through automated news-feed software integrated into validators’ regular operations.
Validators will vote on factors such as market rules, accuracy, and overall quality, allowing prediction markets to become a native part of the Hyperliquid protocol. By doing so, the platform aims to eliminate reliance on external oracle providers and keep the entire resolution process inside the network itself. Hyperliquid says this creates a more autonomous structure compared to platforms like Polymarket or Kalshi.
The first market launched under the new framework focused on May’s annual CPI inflation data and quickly generated more than $11,000 in trading volume. According to the team, these contracts are fully collateralized and do not involve leverage or liquidation risks. Meanwhile, Hyperliquid’s native token HYPE fell 3.5% over the past 24 hours to $60.25, although it still posted a strong 26.8% weekly gain.
